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    1605 Old Route 18 Wampum, PA 16157

    For Lease
    $3 SF/Yr

    Large Flex/Warehouse Space in PA

    Lot size:
    2,500,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional industrial property, the Wampum Underground Commerce Center, offers 2,500,000 square feet of secure, climate-controlled space in Wampum, Pennsylvania. Located minutes from the Pennsylvania Turnpike in Southern Lawrence County, this unique underground facility boasts consistent temperature and humidity, resulting in significantly lower operating costs. Currently, 635,000 square feet of space is available, divisible into units ranging from 10,000 to 230,000 contiguous square feet. The property sits on a substantial 318-acre lot and was originally built in 1870, undergoing extensive renovations in 2020. The flexible space caters to various needs, from raw storage to built-to-suit assembly areas. This prime location, coupled with the facility's unique climate-controlled environment and planned expansion of over 600,000 square feet, presents a rare opportunity for businesses seeking efficient and cost-effective industrial space. The property is multi-tenant and offers a variety of uses including flex space, warehouse, distribution, and R&D. This is an ideal location for companies seeking a secure, climate-controlled environment with easy access to major transportation routes.

    Property Features for 1605 Old Route 18

    General Information

    Property type
    Life science properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,500,000 SF
    Total Rate
    729166.67

    Building Details

    Year Built/Renovated
    1870/2020

    Unit(s) available at that property

    Space
    Expansion D
    Size
    130,000 SF
    Rate per SF
    $5
    Space
    Expansion B
    Size
    230,000 SF
    Rate per SF
    $5
    Space
    Expansion C
    Size
    140,000 SF
    Rate per SF
    $5
    Space
    Expansion A
    Size
    135,000 SF
    Rate per SF
    $5

    HighLights

    • Climate‑controlled environment (55°F) with humidity control.
    • Low operating expenses.
    • Secure building with access control.
    • Excellent highway accessibility.
    • Located within a foreign‑trade zone.
    • Professional on‑site management team.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Homak Manufacturing Manufacturer Romar Textile Co Fabric Store HMC Financing LLC Financial Planner Access - Scanning, Records ... Records Storage Facility

    Suggested Use

    Building Supply Auto Repair Shop Clothing Store Gym & Fitness Auto Parts Store Kitchen & Bath Storage Facility Home Appliance Store Plumbing Service Tailor Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Wampum
    County
    Lawrence
    State
    Pennsylvania
    Longitude
    -80.3332488
    Latitude
    40.8788981

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    FAQs

    What type of property is this?
    Life science property - Large Flex/Warehouse Space in PA
    Where is this life science property located?
    The property is located at 1605 Old Route 18 Wampum, PA.
    What is the lease rate?
    The lease rate is $5 SF/Yr.
    What are key features of this property?
    This property features: Climate-controlled environment (55°F) with humidity control.; Low operating expenses.; Secure building with access control.
    Request Owner's contact information
    1605 Old Route 18 Wampum, PA 16157
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1605 Old Route 18 Wampum, PA 16157
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